Profit

Q3 down on higher interest cost; loss in general insurance: Reliance Capital

PUBLISHED ON: February 13, 2012 | Duration: 8 min, 54 sec

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Sam Ghosh, CEO and Amit Bapna, CFO of Reliance Capital said that higher interest cost dented Q3 profits while general insurance segment has shown higher than anticipated loss. However, margins are seen steady going forward as the general insurance segment will be profitable, they added.
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